The Jewish Federation of Fort Worth and Tarrant County

Analysis

The Jewish Federation of Fort Worth and Tarrant County is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Jewish Federation of Fort Worth and Tarrant County reported income of $2.5m and spending of $1.9m, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.1m to $2.5m (+16%), an average of +3.9% a year. The sharpest change came in the year to August 2021, when income rose by 95%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Jewish Federation of Fort Worth and Tarrant County sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Shepherds Foundation Inc ($2.5m), Association of Fundraising Professionals ($2.5m) and 2022 Act Foundation Inc ($2.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 46% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $124k (6.5% of expenses). Other salaries and wages came to $638k. At year end it held assets of $17.8m against liabilities of $1.0m, net assets of $16.8m. It reported 16 employees.